New associate starting in the tax group at a biglaw firm in NYC. Would really appreciate any advice on how to be most useful/get through the learning curve!

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Lean on your fellow associates. Ask all the questions. No one expects anything from juniors other than meeting your deadlines, being responsive, and following directions. You got this!

likesmarthelpful

I think this rings true for things like how to draft agreements, what issues typically come up in certain agreements, etc. However, for questions about the tax law, you ultimately need to start mastering that yourself, which requires reading the primary and secondary materials. You can ask your colleagues for good resources to learn, but I would avoid using them as a crutch to skip the difficult task of working through the issues on your own.

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Don't substitute reading secondary authority for actually reading code and regs. And always, *always* check the regs

likesmarthelpful

BNA PORTFOLIOS

likesmart

Totally agree. I still use BNA portfolios to start my research lol. But recently I’ve noticed they keeping citing to the wrong authority (for example, they transpose the numbers in a revenue ruling or cite to the wrong subsection of a reg. Their summary is right but if you’re just copying and pasting the cite, you’ll look bad.

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I'm in the same position OP, I'm joining a big law firm after a couple years in big 4 and feeling the same emotions

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If you’re given a research question, make sure you understand the question that’s being asked. Clarify with your senior if necessary- don’t worry that it’ll make it seem like you don’t know anything. Just the other day I’ve had a junior return a research assignment to me that was not very helpful because they didn’t understand the question. I know it’s partially on me because maybe I didn’t explain clearly enough. But I wish I’d checked in or that they had asked so that it wasn’t wasted time and effort.

likesmart

Read as much as possible. A lot of it will seem irrelevant and useless until you actually are doing whatever you’re reading about. Tax is super fluid, keep updated with any legislative changes (this will make you look good and will also allow you to do firm PR alerts which will increase your exposure in the firm). Lastly, be patient, IMO tax has the steepest curve to get up to speed. You’ll do just fine feel free to DM with other questions us tax nerds need to stick together

upliftingsmart

I’m a first year tax associate. Totally echo A1, I have found being responsive and prioritizing communication to be a huge help. If you have a problem say something. Also a dose of fake it till you make it always helps your nerves in the beginning.

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